"Hopefully I uploaded the photo correctly showing in RED what i believe your suggested line up to be and then another line in orange per suggestion of another trip report."
Your red line shows a possible route up to Pickett Guard Lake. I have always taken the other, eastern branch of the creek that leads up to Kaweah Basin proper, for two reasons: 1) I think it is far easier from what I could see. I think your red line route is going to prove very difficult, assuming you are even able to cross the creek where you have indicated. I have never been up there when it was feasible, because even in low snow years, the steepness of the stream course means very high water velocity where a slip could be fatal. If you do decide to try to get to Pickett Guard Lake directly, I would recommend going up to the small lake directly below Kaweah Basin proper, crossing the log jam at the outlet of the lake, and then attempting to traverse over to intersect your red line; 2) The east fork of Pickett Creek leads to Kaweah Basin itself, and is far more scenic. If you go directly to Pickett Guard Lake, you will miss the best views in the area. Once up in Kaweah Basin it is an easy matter to cross over into the Pickett Creek basin via the saddle described in Secor and follow the creek downstream to the last lake, where you can begin the descent to Kern-Kaweah River via your orange line.
"Wouldn't the route through Miter Basin take a little longer/more elevation?"
Yes, but it is far more scenic. The Pct is, well, the PCT, IMO. But that is just me. Either way will work fine. If you are pressed for time, the PCT would be a better choice.
"Also, i found some mileages that I would like for you to confirm. I'm showing Rockslide Lake as about 1.5 miles from Junction meadow so would that make Picket Guard Lake around 2-2.5?"
Edited to avoid timing out.
I think it is a bit more than that but, in any case, you are going off trail in an area where it is not wise to rush things. I would simply say allow most of the day to get from Junction Meadow to either Kaweah Basin or Pickett Guard Lake, whichever you decide to make your destination. The route finding can be time consuming, and the scenery is gorgeous. It would be a shame to burn thru it and miss what I consider the best part of the route(until you get up in Kaweah Basin, that is), even if you are capable of doing so.

